Bangkokians buy more condos since the flood

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In November 2011, I argued that as a result of the Bangkok floods, the sales of condos would significantly increase, especially those locat...

In November 2011, I argued that as a result of the Bangkok floods, the sales of condos would significantly increase, especially those located in the unflooded areas of central Bangkok. The most recent evidence shows that the sales figures are indeed headed that way.By Karn G. Bulsuk

Right after the Bangkok Floods back in 2011, I argued that Bangkok would change in five different ways, one of them was that the sales of condos within the central areas of the city would become especially popular given that central Bangkok escaped flooding.

The Bangkok Post recently reported that the popularity of single houses had decreased in favour of condos, with 44% wanting to buy a condo, especially those with close links to mass transport such as the BTS. Central Bangkok has especially become popular, with the Ratchadaphisek-Lat Phrao area having the top preference for condos at 21%, followed by 18% for the central business district and 13% for upper Sukhumvit Road.